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Company Descriptions
Nasdaq-100 Index Tracking Stock (QQQ)
A security designed to track the collective performance of all companies of the Nasdaq-100 Index. Shares represent an investment in the Nasdaq-100 Trust, a unit investment trust that holds shares of the companies in the Nasdaq-100 Index. The Trust is designed to closely track the price and yield performance of the Index. Nasdaq-100 Shares have been initially priced to approximate 1/20th the value of the Nasdaq-100 Index.
Apple Computer (AAPL)
Designs, develops, produces, markets and services microprocessor-based personal computers, related software and peripheral products, including laser printers, scanners, compact disk read-only memory drives and other related products; Manufactures communications products which connect apple systems to local area networks, connect the macintosh to other computers and integrate the macintosh into various computing environments; And provides an on-line service which offers global electronic mail, news, information and other electronic services.
Applied Materials (AMAT)
Develops, manufactures, sells and services semiconductor wafer fabrication equipment and related spare parts utilizing state-of-the-art technology in wafer processing chemistry and physics, particulate management, process control, software and automation which provide enabling technology, productivity and yield enhancement to semiconductor manufacturers.
Amgen, Inc (AMGN)
Develops, manufactures and markets human therapeutic products used in the areas of neurobiology, hematology, infectious disease and inflamations to fight infection and stimulate the production of blood cells while patients undergo various forms of treatment.
Amazon.com (AMZN)
Retails books, as well as limited selection of cds, videotapes, audiotapes and other products, on its online retrieval service through the company's web site.
CMGI, Inc. (CMGI)
Holding company with subsidiaries which invest in, and develop internet companies representing a broad array of internet technologies and services.
Cisco Systems (CSCO)
Develops, manufactures, markets and supports high performance multiprotocol internetworking systems which link geographically dispersed local-area and wide-area networks, including wide range of multiprotocol routers, switches and dial access server products; Produces internet software and network management software which enables various network services as well as network connectivity, security and interoperability; And offers technical and customer support, consulting and integration services.
Dell Computer (DELL)
Holding company with subsidiaries which design, develop, manufacture, market, service and support high-performance computer systems and related equipment, including workstations, desktop systems, notebooks and network servers, as well as software, peripherals and service and support programs.
Global Crossing (GX)
Provides global long distance telecommunications facilities and services utilizing a network of undersea digital fiber optic cable systems and associated terrestrial backhaul capacity.
Immunex (IMNX)
Discovers, develops, manufactures and markets innovative therapeutic products for treatment of cancer, infectious diseases and autoimmune disorders.
Intel (INTL)
Designs, develops, manufactures and markets advanced microcomputer components and related products at various levels of integration, such as silicon-based semiconductors etched with complex patterns of transistors, microprocessors and related board-level products, chipsets, embedded processors and microcontrollers, flash memory chips, network and communications products, and conferencing equipment, used to enhance the performance, capabilities and manageability of pc desktop and server systems in corporate networks.
JDS Uniphase (JDSU)
Designs, develops, manufactures and markets laser subsystems and laser-based instrumentation for semiconductor wafer inspection, biomedical and industrial process control, measurement, and graphics applications; And manufactures and markets high-speed external modulators and transmitters for fiber optic networks.
Level 3 Communications (LVLT)
Holding company with subsidiaries which offer computer operations outsoursing and systems integration services which help clients develop and implement cost-effective information services.
Microsoft (MSFT)
Designs, develops, manufactures, licenses, sells and supports a wide range of software products, including operating systems for personal computers and servers, server applications for client/server environments, business and consumer productivity applications, interactive media programs, internet platform and development tools and related browser technologies, desktop finance products, systems software for non-personal computer devices and software for the creation of content for digital media productions; Produces children's software titles, games and information products; Produces relational database management applications; Participates through joint venture in a 24-hour cable news and information channel; Offers internet and other related on-line services, including value-added mail, chat, news and other content management services; And performs on-line service which enables consumers to experience the internet through their televisions via set-top terminals.
Nextel Communications (NXTL)
Provides wide array of digital and analog wireless communication services, including mobile telephone and two-way radio dispatch, paging and alphanumeric short-messaging services.
Oracle (ORCL)
Designs, develops, markets and supports computer software products including database management and network products, applications development productivity tools and end-user applications, enabling the ability to retrieve, manipulate and control data stored on multiple computers, develop web-based client server applications, support operational requirements of on-line processing, decision support and data warehouse environments for high systems availability and performance, perform rapid querying and reporting, and multidimensional analysis of data; And offers wide range of support services, including on-site or telephonic access to support personnel as well as software updates, and application consulting and training in the implementation of its' products.
QUALCOMM (QCOM)
Develops, manufactures, markets, licenses and operates advanced communications systems and products based on digital wireless technology, including mobile and fixed satellite communications systems and products, and digital wireless telephone systems and products; Develops, manufactures and sells advanced communications systems and equipment and a range of very large scale integrated devices; And develops and manufactures a variety of other communications products including electronic mail software application for personal, commercial and government applications.
Sun Microsystems (SUNW)
Designs, manufactures and sells desktop systems, a broad range of servers, storage subsystems and network switches; Provides wide range of global services, including system support, education, information technology consulting, systems integration and system/network management, for heterogeneous network computing environments; Develops, markets, supplies and supports operating system software environments for enterprise-wide distributed computing, development tools to quickly and easily create multiplatform applications for the internet, and software products for network management and pc desktop integration; Designs and develops high-performance microprocessors, as well as enabling technologies for third-party customers; And develops, markets and supports "java" software technology and products based on this technology.
VERITAS Software (VRTS)
Develops, markets and supports advanced storage management products and software quality tools that provide protection against data loss and corruption, rapid recovery after disk or system failure and manage and back-up systems without interrupting users.
WORLDCOM (WCOM)
Holding company with subsidiaries which provide local and long distance communications, operator, billing, internet and resale cellular services to business, telecommunications companies, consumer customers and the government; And provide development, design and engineering, project management, construction and support of networks and systems to a range of third-party customers, and "turnkey" transmission facilities and communications networks primarily for international customers.
Yahoo! (YHOO)
Provides intuitive, context-based guides to online content, web search capabilities, aggregated third-party content and community and personalization features which enable web users to locate and access desired information and services.


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